ON TARGET TIPS : 24% ROI Horse Racing Tips

 

OVERVIEW :

on-target-tips has been providing Horse racing tips since October 2019 delivering a very good 18% ROI from an average of 6 tip a day typically advised at 10 pt.

There have been 39 profitable months from 46 total months suggesting a 85% chance of having a profitable month when you join.

Analysis of the results to date show at best there’s been a 100% probability of making a profit with on-target-tips over every 4 consecutive months.

on-target-tips

ROI:
 18%
Profit Mths:
 39 / 46
Expectancy:
 4mth – 100%
Skill:
 VERY HIGH
ELLR:
 34
Risk:
 LOW
Value:
 VERY GOOD
Stakes:
 REASONABLE
Betting Bank:
 850 points

Since joining Tipstrr in October 2019, On Target Tips :

  • has made a total cumulative profit of £16,712 and an average monthly profit of £341.
  • provides Horse racing tips.
  • leans toward the Race winner and Other markets.
  • bookmakers of choice are Bet365 and 888.
  • preferred courses are Newmarket and Worcester.
  • likes to tip at odds between 6.00 and 11.99.
  • typically uses a stake of 10/10.
  • usually posts their tips around 4PM – 8PM.
  • usually posts their tips around 12-24 hours before a fixture starts.
  • On Target Tips’ longest unbroken profit streak was 13 months.

 

TIPSTER SKILL FACTOR : VERY HIGH

The statistical p-value gives a measure of how likely these results could be achieved purely by chance and the lower this figure is the better.

on-target-tips’s p-value is 0.0000 (to 4 dec.places ).

This indicates its extremely unlikely these results could be achieved by pure chance.

LOSING STREAKS : VERY LONG

How long will losing streaks be?

The all-time tip Win Rate has been 14% over 46 months and 8868 tips which gives a very high ELLR (Estimated Longest Losing Run) figure of 61. In other words, you should have been prepared for 61 losing tips in a row over this time.

Based on a 14% Win Rate and the current tips rate you should anticipate encountering the following:

  • Over the next month (160 tips): At least one run of 34 losing tips.
  • In the next 3 months (500 tips): At least one run of 41 losing tips.
  • During the next 6 months (1200 tips): At least one run of 47 losing tips.

TIPSTER RISK FACTOR : LOW

The risk factor is calculated from the variance in the monthly ROI figures – are the ROI figures always about the same or do they vary a lot?

If the monthly ROI figures vary a lot this means performance is volatile and volatility means risk.

on-target-tips‘s coefficient of variation figure is 1.33 indicating performance is stable and risk is low.

VALUE FOR MONEY : VERY GOOD

Does the subscription cost for this tipster represent value for money?

The monthly subscription cost is £19 which is low. on-target-tips’s overall ROI of 18% means that each 1% of ROI costs £1.06 which is good value.

Generally, subscriptions costs are typically less per month if you take a 3-month or even 6-month subscription and you can always cancel and get a refund should things not go the way you hoped.

BETTING STAKES : REASONABLE

How much am I likely to be betting every day?

The following figures are based on current performance and are provided only to give a sense of scale regarding betting stakes.

To cover subscription costs : £0.10 per point
Based on this 18% ROI from 6 tips a day at the average advised stakes of 10 points you’d need to be betting at £0.10 per point to cover the £19 subscription cost.

To clear £100 profit : £0.40 per point
To make somewhere in the region of £100 clear profit a month, over and above the subscription cost, the staking levels would need to be around £0.40 per point. At this level you’d be betting in the region of £30 a day.

BETTING BANK SIZE : 860pts

How much money do I need to start with?

The size of Betting Bank required to adequately follow a tipster is based on a combination of the average stake size and the Estimated Longest Losing Run (ELLR) which, in turn, is based on the Win Rate of the tipster’s bets.

The formula used here to calculate the size of Betting Bank is: Betting Bank Size = 2.5 x ELLR x Average Bet Stake

This will withstand a worst-case scenario of two (2) longest losing runs in quick sucession and still have something left (0.5) to continue betting.

The first month betting bank size for on-target-tips would be 860 points.

So, if you were betting at £0.40/pt stakes hoping to make £100 clear profit the Betting Bank would need to be around £350.

EXPECTANCY : AVERAGE

How long before I can expect to make profit?

1 MONTH: If you’d followed on-target-tips for 1 month at any time since the service started there was a 85% chance you’d make a profit. Looking at it another way you were 6 times more likely to have made money than lost money in any one month and your profit would have been 2 times more than the amount you might have lost – an average of 480 points profit versus an average loss of -300 points.

2 MONTH: Following for 2 consecutive months at any time since the service started there was a 87% chance you’d make a profit. You were 7 times more likely to have made money than lost money in those two months and your profit would have been 3 times more than the amount you might have lost – an average of 860 points profit versus an average loss of -250 points.

3 MONTH: If you’d followed for 3 consecutive months at any time since the service started there was a 95% chance you’d make a profit. You were 21 times more likely to have made money than lost money and your profit would have been 5 times more than the amount you might have lost – an average of 1120 points profit versus an average loss of -240 points.

Consecutive Periods Total Made Profit Made Loss %Profitable Avg.Profit Avg.Loss Expectancy Profit Factor
any 1 month 46 39 7 85% 480 -300 361 8.91428571428571
any 2 months 45 39 6 87% 860 -250 712 22.36
any 3 months 44 42 2 95% 1120 -240 1058 98.0000000000001
any 4 months 43 43 0 100% 1420 0 1420 1420
any 5 months 42 42 0 100% 1780 0 1780 1780
any 6 months 41 41 0 100% 2130 0 2130 2130

Find out more about on-target-tips here

 

 

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Rob

Rob

I'm Rob, I have an M.Sc. In Mathematics and Computer Science and I am the creator & writer of TheBetInvestor. I provide honest independent assessments of sports tipsters based on statistical and financial investment analysis. My aim is to find profitable tipsters and help you safely navigate the murky waters of the online sports tips world.

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